Excess in sentence

901 examples of Excess in a sentence

The two buildings recall China’s increasingly two-tracked economy: a new track based on services and consumption burdened by an old, slower track made up of industries like steel and mining, which are inefficient and suffer from excess capacity.

Keynes worried about price rigidities--the failure of prices and wages to fall when there is excess supply of labor or goods.

Similarly, higher deposits might simply add to some banks' excess liquidity, but others might find it attractive to lend more, providing a further economic boost.

America’s hyper-aggressive fiscal response means a faster rise in government debt, while its hyper-expansive monetary policy means that an exit strategy to mop up all the excess liquidity will be difficult to execute.

Instead, banks have hoarded the increase in the monetary base in the form of idle excess reserves.

As a result, all of this excess liquidity is flowing to the financial sector rather than the real economy.

It enables an increasingly worrisome overhang of domestic excess capacity to be directed at OBOR’s infrastructure requirements.

To be sure, there were some short-term benefits from the excess investment in real estate: some Americans (perhaps only for a few months) enjoyed the pleasures of home ownership and living in a bigger home than they otherwise would have.

Each and every one of the recent booms and busts – in Latin America, Asia, and Russia in the 1990’s, and in Eastern Europe, Southern Europe, and Ireland more recently – shared some combination of unsustainably low financial costs, asset bubbles, over-indebtedness, wage growth unwarranted by productivity gains, and domestic absorption in excess of production.

A Time to SpendBERKELEY – The central insight of macroeconomics is a fact that was known to John Stuart Mill in the first third of the nineteenth century: there can be a large gap between supply and demand for pretty much all currently produced goods and services and types of labor if there is an equally large excess demand for financial assets.

A normal gap between supply and demand for some subset of currently produced commodities is not a serious problem, because it is balanced by excess demand for other currently produced commodities.

By contrast, a gap between supply and demand when the corresponding excess demand is for financial assets is a recipe for economic meltdown.

But this excess growth has not been evenly spread.

He argues that much of the apparent growth in value added has in fact been illusory, based on increased leverage, excess trading, and banks writing deep out-of-the-money options – for example, credit-default swaps (a $60 trillion market in 2007).

Its argument was that if one country runs a surplus, another must run a deficit, because the excess savings/exports of the surplus country must be absorbed by another country as investment, consumption, or imports.

China used its excess savings to buy US Treasury bonds, which drove down world interest rates and enabled cheap borrowing, permitting America to run a vast current-account deficit.

In recent years, however, unconventional monetary policy has shown that liquidity and credit can be created against global savings, with relatively little impact on inflation, provided there is excess capacity in production and insufficient effective aggregate demand.

Though the process included significant creative destruction, rapid economic growth offset losses resulting from excess capacity.

But, as is often the case, success led to excess.

Without a sufficiently large stimulus (in excess of 2% of GDP), we will have a vicious negative spiral: a weak economy will mean more bankruptcies, which will push stock prices down and interest rates up, undermine consumer confidence, and weaken banks.

For example, its leaders restrict the supply of a natural resource in order to drive up its price on world markets, or pursue mercantilist policies in the form of large trade surpluses, especially in the presence of unemployment and excess capacity.

If these and other asset prices reverted to their historic benchmarks, investors would suffer losses in excess of $10 trillion, leading to declines in consumer spending and business investment.

In contrast, since the 2008 global financial crisis, every time the price of money has been reduced, demand for it falls and excess savings rise.

The ECB went so far as to pay banks to lend to business while, at the same time, punishing them for not lending (via negative interest rates for excess reserves).

From a Keynesian perspective, the outcome of a trade war depends mainly on whether the combatants are experiencing recession or excess demand.

Today, President Mitterrand’s mistress and daughter could not benefit from the media’s complicity: no state secrets, and no aristocratic excess, can escape today’s bloggers.

While the rest of the world struggles to raise savings, China, with a savings rate in excess of 40%, struggles to get its people to consume more.

There was also excess in the securitized products that converted these debts into toxic financial derivatives; in borrowing by local governments; in financing for leveraged buyouts that should never have occurred; in corporate bonds that will now suffer massive losses in a surge of defaults; in the dangerous and unregulated credit default swap market.

Industry remuneration for experts is far in excess of any public-sector salary, and the best minds are continually bid away.

With so much excess capacity in real estate, confidence will not recover to its pre-crisis level anytime soon, regardless of what is done to the banking sector.

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